AppHarvest Expands Support of Kentucky Food Banks
U.S. Rep. Andy Barr, Ky. Commissioner
of Agriculture
Ryan Quarles Join in The Celebration
Together with our friends and neighbors in Central Appalachia, our goal is to build a more resilient food system and one that helps those in need. In Kentucky alone, 20% of children and nearly 15% of adults experience food insecurity.[1]
We’re partnering with community organizations to address these needs and this week expanded our work with God’s Pantry Food Bank, which along with more than 400 distribution partners provides food to residents of 50 counties in Eastern and Central Kentucky. In its most recent fiscal year, the organization distributed nearly 14 million pounds of fresh fruits and veggies and more than 41 million pounds of food overall.
U.S. Rep. Andy Barr and Kentucky Commissioner of Agriculture Ryan Quarles joined AppHarvest Founder & CEO Jonathan Webb and God’s Pantry Food Bank CEO Michael Halligan this week in celebrating the expanded collaboration.
“God’s Pantry Food Bank is thrilled to work more closely with AppHarvest, as we nourish lives through sustainable agriculture,” said Halligan.
Added Commissioner Quarles: “Partnerships like these are important during the pandemic as all parts of our agricultural sector come together to help those in need. God’s Pantry Food Bank has been working overtime to support Kentuckians who have fallen on tough times, and I appreciate AppHarvest stepping up to the plate to provide fresh, Kentucky-grown products to support them in their mission to feed all Kentuckians."
The expanded collaboration builds on work in recent months by AppHarvest, along with more than a dozen Kentucky organizations, to provide aid after Kentucky’s ongoing historic levels of rainfall caused rising waters across many Appalachian counties. The Appalachia Rises initiative raised more than $1.2 million for flood relief and saw volunteers from AppHarvest and God’s Pantry Food Bank distribute healthy food to those affected.
“This is a great partnership that recognizes the needs in our communities and brings together organizations dedicated to serving Kentuckians,” said Rep. Barr. “In Congress, I voted for multiple bipartisan COVID-19 relief packages to boost our food supply by providing support to farmers, agribusinesses, and food banks around the country.”
Added Webb: “As a public benefit corporation and Certified B Corp, we at AppHarvest believe in good and are inspired daily by the faith and grit of those who’ve chosen to share their talents with us and join our mission. We’re working to create America’s AgTech capital here in Appalachia to provide affordable, nutritious, and delicious fruits and veggies that will help reduce hunger and food deserts.”
Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding AppHarvest’s future financial performance, as well as AppHarvest’s growth plans and strategy, ability to capitalize on commercial opportunities, future operations, estimated financial position, estimated adjusted EBITDA, revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of AppHarvest’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AppHarvest. These forward-looking statements are subject to a number of risks and uncertainties, including those discussed in the Registration Statement on Form S-1 (No. 333-252964) filed with the SEC by AppHarvest on February 10, 2021 under the heading “Risk Factors,” and other documents AppHarvest has filed, or that AppHarvest will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect AppHarvest’s expectations, plans, or forecasts of future events and views as of the date of this press release. AppHarvest anticipates that subsequent events and developments will cause its assessments to change. However, while AppHarvest may elect to update these forward-looking statements at some point in the future, AppHarvest specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing AppHarvest’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
[1] Feeding America